Medium & Heavy Trucks in Japan
Summary
Medium & Heavy Trucks in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The medium and heavy trucks market includes commercial vehicles (CV), buses and coaches (BC), heavy commercial vehicles (HCV), and heavy buses and coaches (HBCs).
- The Japanese medium & heavy trucks market recorded revenues of $39.2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 3.3% between 2018 and 2023, to reach a total of 382.8 thousand units in 2023.
- The growth of the Japanese medium & heavy trucks market in 2023 is propelled by the expansion of the transportation industry and concurrent infrastructure development. As the transportation sector experiences steady growth, fueled by increased demand for the movement of goods and people, there arises a corresponding need for robust transportation solutions, including medium and heavy trucks, to support these activities efficiently. For instance, according to MarketLine, the Japanese road transportation services industry stood at $82.3 billion in 2023, an increase of 4.8% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the medium & heavy trucks market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the medium & heavy trucks market in Japan
- Leading company profiles reveal details of key medium & heavy trucks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Japan medium & heavy trucks market with five year forecasts
- What was the size of the Japan medium & heavy trucks market by value in 2023?
- What will be the size of the Japan medium & heavy trucks market in 2028?
- What factors are affecting the strength of competition in the Japan medium & heavy trucks market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan's medium & heavy trucks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What have been the recent developments in the market?
- 8 Company Profiles
- 8.1. Isuzu Motors Limited
- 8.2. Hino Motors, Ltd.
- 8.3. Daimler Financial Services AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Japan medium & heavy trucks market value: $ billion, 2018-23
- Table 2: Japan medium & heavy trucks market volume: thousand units, 2018-23
- Table 3: Japan medium & heavy trucks market category segmentation: % share, by volume, 2018-2023
- Table 4: Japan medium & heavy trucks market category segmentation: thousand units, 2018-2023
- Table 5: Japan medium & heavy trucks market geography segmentation: $ billion, 2023
- Table 6: Japan medium & heavy trucks market value forecast: $ billion, 2023-28
- Table 7: Japan medium & heavy trucks market volume forecast: thousand units, 2023-28
- Table 8: Isuzu Motors Limited: key facts
- Table 9: Isuzu Motors Limited: Annual Financial Ratios
- Table 10: Isuzu Motors Limited: Key Employees
- Table 11: Isuzu Motors Limited: Key Employees Continued
- Table 12: Hino Motors, Ltd.: key facts
- Table 13: Hino Motors, Ltd.: Annual Financial Ratios
- Table 14: Hino Motors, Ltd.: Key Employees
- Table 15: Daimler Financial Services AG: key facts
- Table 16: Daimler Financial Services AG: Key Employees
- Table 17: Japan size of population (million), 2019-23
- Table 18: Japan gdp (constant 2005 prices, $ billion), 2019-23
- Table 19: Japan gdp (current prices, $ billion), 2019-23
- Table 20: Japan inflation, 2019-23
- Table 21: Japan consumer price index (absolute), 2019-23
- Table 22: Japan exchange rate, 2019-23
- List of Figures
- Figure 1: Japan medium & heavy trucks market value: $ billion, 2018-23
- Figure 2: Japan medium & heavy trucks market volume: thousand units, 2018-23
- Figure 3: Japan medium & heavy trucks market category segmentation: thousand units, 2018-2023
- Figure 4: Japan medium & heavy trucks market geography segmentation: % share, by value, 2023
- Figure 5: Japan medium & heavy trucks market value forecast: $ billion, 2023-28
- Figure 6: Japan medium & heavy trucks market volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the medium & heavy trucks market in Japan, 2023
- Figure 8: Drivers of buyer power in the medium & heavy trucks market in Japan, 2023
- Figure 9: Drivers of supplier power in the medium & heavy trucks market in Japan, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the medium & heavy trucks market in Japan, 2023
- Figure 11: Factors influencing the threat of substitutes in the medium & heavy trucks market in Japan, 2023
- Figure 12: Drivers of degree of rivalry in the medium & heavy trucks market in Japan, 2023
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